Results 91 to 100 of about 21,399,022 (251)
After a brief review of classical, Keynesian, New Classical and New Keynesian theories of macroeconomic policy, we assess whether New Keynesian Economics captures the quintessential features stressed by J.M. Keynes.
Frederick van der Ploeg
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ABSTRACT Every winter, Delhi's polluted air draws national attention to the burning of rice stubble in neighbouring states. Drawing on ethnographic fieldwork in Haryana in north India, this article shows how bureaucrats and scientists attempt to enact certainty around technological solutions to stubble burning even while privately acknowledging their ...
Nikhit Agrawal
wiley +1 more source
Technology and the need for an alternative view of the firm in post keynesian theory [PDF]
Post Keynesian economics; theory of the ...
Fabiana Santos, Marco Crocco
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ABSTRACT The post‐pandemic inflationary spike brought inflation back to the forefront of academic research. In the debate about the origin and nature of the 2020s inflation, economists have been divided into the following two main camps: the demand‐pull camp, which attributed inflation to excess demand and linked it to fiscal and monetary stimulus put ...
Vicente Ferreira
wiley +1 more source
Expectations, employment and prices: a suggested interpretation of the new 'farmerian' economics [PDF]
This paper aims at providing a critical assessment of the new ‘Farmerian’ economics, i.e. the recent Farmer’s attempt to provide a new micro-foundation of the General Theory grounded on modern search and business cycle theories. Specifically, I develop a
Guerrazzi, Marco
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Aviation and the European Union Emission Trading System: A Bibliometric and Thematic Review
ABSTRACT Aviation is generally recognized as one of the most carbon intensive forms of transport. In order to tackle aviation's environmental impact, in 2012 the sector has been (partially) included in the European Union Emission Trading System (EU ETS), a market‐based mitigation mechanism designed to put a price on carbon emissions and create an ...
Riccardo Colantuono
wiley +1 more source
NAIRU, Unemployment and Post Keynesian Economics [PDF]
The purpose of this paper is to present the disadvantages from the use of NAIRU as the key instrument of monetary-policy making to restrain the upward tendency of unemployment. It argues that the development of NAIRU, the most widely known and used model
Vasiliki Bozani
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Aggregate Market Power: Measurement, Drivers, and Macroeconomic Effects
ABSTRACT This survey reviews the macroeconomic literature on market power, focusing on its measurement, determinants, and macroeconomic effects. It synthesizes evidence from concentration ratios, business dynamism indicators, and markup/markdown estimates, documenting a distinct change in trends since the 1980s, especially in the United States ...
Maria Alessandra Rossi
wiley +1 more source
New Keynesian economics : a monetary perspective [PDF]
In this article we construct a simple analytically tractable model to explore and evaluate New Keynesian ideas. First, we show that a New Keynesian model need not exhibit Phillips curve correlations in the absence of strategic price setting by firms ...
Stephen D. Williamson
core

